What are the two main goals of the Federal Reserve as discussed in the video?
Biden Says Powell Is Best to Tackle Inflation, Risks

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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Promoting international trade and reducing taxes
Increasing interest rates and reducing government debt
Achieving maximum employment and maintaining low inflation
Enhancing technological innovation and supporting small businesses
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to Jerome Powell, what is a key benefit of maximum employment?
Companies compete to attract workers, leading to wage increases
Workers compete for jobs, reducing unemployment
Government reduces taxes to stimulate employment
International trade agreements are strengthened
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one of the top priorities for the Federal Reserve under Jerome Powell's leadership?
Increasing the national debt ceiling
Addressing climate change risks to the financial system
Reducing the number of financial institutions
Promoting international tourism
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How does the Federal Reserve plan to address the risks posed by climate change?
By promoting international climate agreements
By leading global central banks in climate-related financial risk management
By reducing interest rates to encourage green investments
By increasing taxes on fossil fuels
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the Federal Reserve's approach to financial regulations in the context of emerging risks?
Ignoring nonbank financial institutions
Focusing solely on traditional banking institutions
Reducing regulations to encourage financial growth
Proactively staying ahead of innovations like cryptocurrency
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